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Steve McDermid liked thisSteve McDermid liked this➡️ Here’s one not to miss: without enough compute, you’re simply not in the race You can already see signs of this emerging across the industry, with builders hitting usage limits and running into peak hour constraints as AI demand surges. I’ve said it before, but it’s worth repeating: in this next phase of AI, compute will determine who gets to build, scale, and compete. Cheers to Sam and Greg Brockman for seeing it early and acting decisively. We set the market with our Stargate initiative, and last fall’s compute deals. The foresight sets us up for long term success. Every day at OpenAI, I’m focused on securing next generation compute, and this recent $122B funding takes that to another level. We’ve spent the past 15 months+ extending our stack to meet the vertical wall of demand ahead of us, and it now spans multiple cloud partners Microsoft, Oracle, Amazon Web Services (AWS), CoreWeave, Google Cloud; multiple silicon platforms NVIDIA, AMD, AWS Tranium, Cerebras, and our own chip in partnership with Broadcom; and multiple data centers through partnerships with Oracle, SB Energy, and SoftBank Group Corp. Our job now is to deliver intelligence efficiently, at global scale. At pivotal moments like this, I reflect on the incredible team at OpenAI - our world-class research group pushing the frontier, alongside the teams working to make AI accessible to everyone. We build with our own tools, and this funding round proved that again as we used ChatGPT and Codex to do real work, fast with a lean (and not mean but quite kind and brilliant) team: ➡️ Managed 200+ investors with myriad back and forth with each ➡️ Compressed the timeline on raise to an impressive ~8 weeks We are now more focused than ever on execution, earning trust, and consistently turning capability into products that people depend on. That is the work in front of us. 📸 Grateful to the team who made this happen, sharing a few pics from this milestone week. (And yes I do need an agent to help me take better photos - I am well aware!)
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Steve McDermid liked thisSteve McDermid liked this#NerdNation takes to the links! This past Monday, we hosted our first Stanford Football Alumni United golf tournament at the Stanford Golf Course. The mission was simple: bring former players back to the Farm for a day of connection. Reconnect with old teammates, meet the guys who came before and after you, and celebrate our new staff and the energy around the program as they gear up for this fall. It should not come as a surprise to anyone that our Heisman Trophy winner, Jim Plunkett and his group took down first place in the event. #winnerswin This is what it’s all about. Building community, showing up for the program, and bringing the Cardinal family back together...more to come!
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Steve McDermid liked thisSteve McDermid liked thisVC Yoni Rechtman of Slow Ventures says there are basically going to be only four jobs (or job types) left at tech companies
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Steve McDermid liked thisSteve McDermid liked thisPlanned serendipity is magic ⭐ Coming off year 5 of Fintech connect and now that magic is compounding. A significant product collaboration born at this event last year is about to launch. Numerous partnerships and investments have already come to fruition. That key connection you needed is now a text message away. A well curated group of founders, CEOs/ Execs at the most important companies, investors of all stages — combined with a few speakers to spark ideas — but mostly unstructured time to connect = 🔥 Thanks this year to: Jonathan Curtis "Every role in your company should eventually be expressible as a markdown file." Owen Jennings (OBJ) How to set your org up for success with AI Sasan Goodarzi Frameworks for your moat in the face of the Saaspocalypse. Ben Horowitz Advice for founders and what’s next in Venture Feeling grateful to our founders, my partners at Andreessen Horowitz and all our friends who joined us and made this year extra special ❤️
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Steve McDermid liked thisSteve McDermid liked thisNew Johns Hopkins Data Confirms We Can Change the Trajectory of Literacy! The most striking finding? 85% of first graders who reached proficiency with Ignite Reading maintained that success through second grade—without further intervention. 🔥 📚 💜 At Ignite Reading, we’ve always believed that first grade is a precious window of time in a child’s journey to becoming an automatic, fluent reader. Today we celebrate the proof with results from Year 2 of our longitudinal study with Johns Hopkins University School of Education. After analyzing 1,596 students across 13 Massachusetts school districts, the data confirms a breakthrough: our model doesn't just teach kids to read; it creates durable, lasting proficiency. This is a game-changer for district planning. It proves that if we intervene with urgency and precision at the beginning of first grade, the gains can stick. And they don’t just stick for some kids. ALL kids in our program made an average of 5.4 months of additional learning. So what does this tell us? Kids not learning to read isn’t because English isn’t their first language or they have an IEP or because of the color of their skin or their families' socioeconomic status. It’s an issue of access. When we give kids access to precisely targeted instruction with ample repetition from a highly trained, highly accountable instructor who meets with them every day (for merely 15 minutes!), they CAN and they WILL learn to READ. Thank you Dr. Amanda Neitzel Joseph Reilly for your rigorous evaluation, the team at ProvenTutoring, the One8 Foundation for your visionary partnership, and all of our MA partners for proving what is possible when we unapologetically lead with equity and evidence. We have provided over 62 million minutes of instruction to 50,000 students, and we are just getting started. Let’s ensure all our babies learn to read on time. Read the full study here: https://lnkd.in/eRjKRDVJ #Literacy #ScienceOfReading #EducationReform #EdTech #EarlyIntervention #FirstGradePromise #JohnsHopkins #ESSA https://lnkd.in/eSTMR6fTJohns Hopkins Study: Ignite Reading Sparks Dramatic Increase in First-Grade Literacy, Highlighting Importance of Early Intervention to Learning to Read On TimeJohns Hopkins Study: Ignite Reading Sparks Dramatic Increase in First-Grade Literacy, Highlighting Importance of Early Intervention to Learning to Read On Time
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Steve McDermid liked thisSteve McDermid liked this“We are so caught up in ‘reading by grade three’ that we aren’t honoring that kids are actually supposed to have fully cracked the code and be able to fluently read grade-level text at the end of first grade. We act like kids have all the time in the world, when they don’t.” The urgency to teach kids to read ON TIME is getting the attention it deserves. Thank you Linda Jacobson and The 74 Media for elevating Ignite Reading’s work nationally and shining a brighter light on what’s possible when districts commit to ensuring every child can read by the end of first grade. The First Grade Promise is more than an initiative, it is a commitment to kids, and we are just getting started. 📚 🚀 I’m grateful to the educators, partners, and Ignite Reading team members who make this impact real every single day. Almudena G. Abeyta, Ed.D. and Monika Hazel, thank you for your advocacy! I’m proud to be working with fearless leaders who won’t stop fighting for our precious children to learn to read on time. 💪 💪 💪 #earlyliteracy #EducationLeadership #EdTech #FirstGradePromise https://lnkd.in/gggzRwV9Exclusive: New Research Strengthens Case for Virtual TutoringExclusive: New Research Strengthens Case for Virtual Tutoring
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Steve McDermid liked thisSteve McDermid liked thisLet’s create a norm shift in first jobs. We need young people to realize that tackling our biggest social issues requires gaining the insights, skills, and credibility that can only come from working on the front lines of the realities in our country. See my The Atlantic piece on what we can each do to support the next generation to develop the leadership needed to shape a better future: https://lnkd.in/dwFWyc8K
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Steve McDermid liked thisSteve McDermid liked thisPatrick Collison, co-founder and CEO of Stripe, shares his advice for young people. From patrickcollison.com
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Steve McDermid liked thisSteve McDermid liked thisSome exciting news: We've launched a new subscription package—called Premium Plus—that lets you share our great journalism with up to four people. You also get a tote and a beautiful coffee-table book full of art and photography from our 168-year history. https://lnkd.in/eRbfEvst
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Publications
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16 Common Questions About Fundraising
Andreessen Horowitz
See publicationCommon questions from entrepreneurs about raising venture capital.
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Alibaba's Debut Quarterly Earnings Report, Annotated
Andreessen Horowitz
Annotated $BABA's debut earnings report to provide clarity and context
Other authors -
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Raising Capital: This is the Advice We Give Our Founders
Andreessen Horowitz
Advice for navigating valuation and structure for private technology companies
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Making Sense of Dell + EMC + VMware
Andreessen Horowitz
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